Our Money Guide

By: OurMoneyGuide || Last updated on: April 18, 2024

The ICICI Bank Platinum Chip Credit Card is a lifetime free starter credit card, and a good choice for those starting their credit card journey.

ICICI Bank Platinum Chip Credit Card

on ICICI Bank website

ICICI Bank Platinum Chip Credit Card

Special Benefits

Lifetime free card

Other Benefits

Minimum Income

₹2.50 lakhs per year

Annual Fee


Annual Fee Offers

Pros and Cons of ICICI Bank Platinum Chip Credit Card


  • The card is a great choice for those who value a lifetime free card
  • Low minimum income requirement of ₹2.50 lakhs per year


  • The reward rate of 0.25% – 0.50%  on retail purchases is low

Features & Benefits of ICICI Platinum Chip Card

Lifetime free credit card

0.50% benefit on all purchases

Exclusive shopping, travel and lifestyle offers from ICICI

Visa Privileges

ICICI Bank customer care 

1% fuel surcharge waiver

You get a 1% fuel surcharge waiver on fuel transactions under ₹4000, at HPCL fuel outlets.

Fees and Charges

Annual fee & other important charges

Annual feeNil (lifetime free card)
Finance charges 3.40% per month
Card over-limit fees2.50% on the over-limit amount (subject to a minimum of ₹550)
Foreign transaction fee3.50% of transaction amount

Important Note

– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all/updated fees & charges on this card, please click here – ICICI Bank Platinum Chip Credit Card Fees & Charges

Eligibility Criteria

Minimum age21 years or above
Occupation Salaried or self-employed
Other criteriaRegular source of income, good credit score , low credit utilisation, length of repayment history etc.

Application Process & Tracking Your Application Status

Step-by-step guide

Online application process 
The easiest way is to click here – APPLY NOW , you shall be taken to the card application page on the ICICI Bank website. You can also visit official website of the bank and fill out the application form.

Steps :
– Fill in the application form with the required personal and financial information.
– Submit the application form and wait for a decision from ICICI Bank.
SMS banking processSimply SMS “PLAT” to 5676766, and a representative from ICICI credit card department will contact you.
Offline (face to face)  application processYou can visit any of the nearest branches of the bank and talk to an executive regarding the process. To find the branch nearest to you, visit here.

Tracking your application

You can track the status of your application through the ICICI webpage.
1. Visit the ICICI Bank official website and navigate to the ‘Track Application’ page.
2. Enter the required details – mobile number and date of birth OR mobile number, application number and date of birth
3. Click on the ‘Submit’ button to check the status of your application.
4. The page will display the current status of your application, whether it is under processing, approved, or rejected.
5. If your application is approved, you will receive a notification from ICICI Bank regarding the dispatch of your ICICI Platinum Chip credit card.

Note: You can also track your application status by calling the ICICI Bank customer care number.

Necessary documents and verification

Required documents 
– Income documents
– PAN card
– Identity proof : Aadhaar card , or any other government-issued ID proof
– Residence address proof : Recent utility bill or rental agreement

The bank may also ask for additional documents on a case to case basis, if required.

Choosing the right card for your needs & Conclusion

Lifetime free cards typically do not have a very attractive rewards program. But they tend to have the easiest eligibility criteria.

So these cards are ideal for those who are beginning their credit journey, and/or those who like the simplicity of a lifetime free credit card. Hence such cards are good beginner cards.

In case you have good income & credit scores, then you may want to take a look at credit cards which offer better rewards for most of your spending needs like shopping, travel, fuel, utility bill payments etc.

Apply Now

on ICICI Bank website